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by Dwolb 1623 days ago
Sure there’s definitely US-centric issues given the current regulations in place.

But it’s permissionless in that if the financial markets don’t support a structured product you or your community needs, you can create and deploy it yourselves with instant global accessibility.

1 comments

Why could you not do that with a few webservers in 2001?
You could (Matt Levine talks about his ExcelCoin he tracks in a spreadsheet), but with the rise of AMMs [1] (and SSOV’s) it’s easier to make the market in the DeFi space.

[1] https://medium.com/dragonfly-research/what-explains-the-rise...